For the second consecutive year, Steve Burke received a richer compensation package than that of his boss, Comcast Corp. Chief Executive Brian L. Roberts.
Burke, who became chief executive of Comcast-controlled media giant NBCUniversal in January, was awarded a compensation package in 2010 valued at $34.74 million — a 2% increase from 2009. His compensation last year included a $2.24-million base salary, a $3-million signing bonus (the second installment after renewing his contract in 2009) and nearly $15 million in stock and option awards.
Percentage-wise, Roberts got the bigger bump. His total package for 2010, valued at $31.05 million, was a 14% increase over his 2009 compensation. Roberts received a base salary of $2.8 million, $11 million in stock and option awards and $10.9 million in non-equity incentives. Roberts did not receive a bonus. His 2009 compensation was $27.24 million.
The Comcast executives' bounties put them in slightly higher leagues than some of their rivals in the media world. Walt Disney Co. Chief Executive Robert Iger collected $28 million last year, and Time Warner Inc. Chief Executive Jeff Bewkes' 2010 package was valued at $26.3 million. However, Viacom Inc. CEO Philippe Dauman outpaced his peers with a total compensation for 2010 valued at $84.5 million. Dauman's second in command, Thomas Dooley, received a total package estimated at $64.7 million.